| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX RETURN PREPARATION & RESEARC | 2,350 | 2,350 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| LOAN ACCOUNTING SOFTWARE | 2003-07-15 | 19,985 | 19,985 | 3.0000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| PURCHASE |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | ||
| ACCENTURE PLC IRELAND | ||
| APPLE INC. | ||
| ABBVIE INC. | ||
| ALLIANCE DATA SYSTEMS | ||
| AMERICAN EXPRESS CO | ||
| BORG WARNER INC. | ||
| CARDINAL HEALTH INC. | ||
| CATERPILLAR INC. | ||
| CHEVRON CORP. | ||
| CISCO SYSTEMS INC. | ||
| CONOCOPHILLIPS | ||
| DEERE & COMPANY | ||
| DISNEY WALT COMPANY | ||
| EMC CORP MASS | ||
| EXPEDITORS INT'L OF WASHINGTON | ||
| FEDEX CORPORATION | ||
| FRANKLIN RESOURCES INC | ||
| JOHNSON CONTROLS INC. | ||
| GENERAL MILLS INC | ||
| PNC FINANCIAL SERVICES | ||
| PRAXAIR INC | ||
| HOME DEPOT INC | ||
| HOSPRIA INC | ||
| INTEL CORPORATION | ||
| JOHNSON & JOHNSON | ||
| ISHARES EMERGING MARKET | ||
| MEDTRONIC INC. | ||
| ORACLE CORPORATION | ||
| MICROSOFT CORPORATION | ||
| SAINT JUDE MEDICAL INC. | ||
| PROCTER & GAMBLE CO. | ||
| MCDONALDS CORPORATION | ||
| QUALCOMM INC | ||
| U S BANCORP | ||
| UNITED TECHNOLOGIES CORP | ||
| WAL-MART STORES INC | ||
| ISHARES S&P MIDCAP | ||
| METLIFE INC | ||
| MERCK & CO. INC | ||
| ISHARES S&P SMALL CAP | ||
| CALAMOS EVOL WORLD GROWTH | 148,020 | 135,968 |
| DELAWARE SM CAP | 153,719 | 156,735 |
| EAGLE MLP STRATEGY | 71,045 | 61,916 |
| MFS INTL VALUE | 420,581 | 407,985 |
| VICTORY | 118,639 | 114,340 |
| OPPENHEIMER | 293,116 | 283,688 |
| VAN ECK GLOBAL | 70,447 | 56,221 |
| PENN CAPITAL | 224,700 | 222,791 |
| TOUCHSTONE MID CAP | 282,616 | 294,277 |
| BRISTOL MEYERS SQUIBB | 47,296 | 89,091 |
| COCA COLA | 10,621 | 128,516 |
| COLGATE PALMOLIVE | 14,435 | 97,377 |
| EMERSON ELECTRIC | 31,469 | 162,755 |
| EXXON CORPORATION | 8,246 | 140,720 |
| GENERAL ELECTRIC | 39,210 | 152,918 |
| IBM | 18,802 | 113,718 |
| JP MORGAN CHASE | 3,306 | 220,487 |
| VERIZON | 12,206 | 70,934 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SOFTWARE | 19,985 | 19,985 | ||
| ACCUMULATED DEPRECIATION |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED YEAR END INTEREST | 16,157 | 21,872 | 21,872 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| EDUCATION LOAN FUND ADMINISTR | 36,020 | 36,020 | ||
| INSURANCE | 1,999 | 1,999 | ||
| OFFICE SUPPLIES & EXPENSE | 4,861 | 4,861 | ||
| POSTAGE | 1,829 | 1,829 | ||
| COMPUTER SERVICE & EXPENSE | 3,198 | 3,198 | ||
| LOAN INCENTIVES & ADJUSTMENTS | 2,957 | 2,957 | ||
| UTILITIES | 179 | 179 | ||
| MISCELLANEOUS ADJUSTMENTS | -30 | -30 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST ON STUDENT LOANS | 140,906 | 140,906 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
|
347,026 |
|
|
2,035,096 |
|
|
2,245,583 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 23,927 | 23,927 | ||
| PROFESSIONAL SERVICES | 47,858 | 35,893 | 11,965 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,344 | 1,344 | ||
| EXCISE TAXES | 19,089 |